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Visual Basic Developer Average Salary in Cyprus 2024

How much money does a person working as Visual Basic Developer make in Cyprus?


Average Monthly Salary
1,530 EUR
( 18,400 EUR yearly)

LOW
810
EUR
AVERAGE
1,530
EUR
HIGH
2,330
EUR
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Visual Basic Developer in Cyprus typically earns around 1,530 EUR. Salaries range from 810 EUR (lowest) to 2,330 EUR (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Visual Basic Developer salaries in Cyprus vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Visual Basic Developer Pay Scale and Salaries in Cyprus

Median and salary distribution Cyprus Visual Basic Developer monthly
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Salary Structure and Pay Scale Comparison

5% of people earn
1,380 EUR or more
10% of people earn
1,230 to 1,380 EUR
20% of people earn
910 EUR or less
65% of people earn
910 to 1,230 EUR
Minimum Salary
810 EUR
Median
1,380 EUR
Maximum
2,330 EUR




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per month except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Visual Basic Developer in Cyprus range from 810 EUR (starting salary) to 2,330 EUR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 1,380 EUR, half of the professionals who work as Visual Basic Developer in Cyprus earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Visual Basic Developer in Cyprus earn less than 1,150 EUR, while 75% earn more. Similarly, the chart shows that 75% earn less than 1,560 EUR while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Visual Basic Developer in Cyprus compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 910 EUR to 1,230 EUR. About 20% of salaries are below the 910 EUR mark, while 10% fall within the range of 1,230 EUR to 1,380 EUR. Only 5% of individuals have salaries exceeding 1,380 EUR.

Salary Comparison by Years of Experience / Visual Basic Developer / Cyprus

How do experience and age affect pay?

0 - 2 Years
930 EUR
2 - 5 Years+23%
1,150 EUR
5 - 10 Years+42%
1,620 EUR
10 - 15 Years+17%
1,900 EUR
15 - 20 Years+10%
2,090 EUR
20+ Years+6%
2,210 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience monthly Cyprus Visual Basic Developer
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Visual Basic Developer and this is what we found.


All salary figures displayed here are per month except when noted otherwise.

Employees with less than two years of experience earn approximately 930 EUR.

While someone with an experience level between two and five years is expected to earn 1,150 EUR, 23% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 1,620 EUR, 42% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 1,900 EUR, 17% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 2,090 EUR, 10% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 2,210 EUR, 6% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Visual Basic Developer / Cyprus

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Visual Basic Developer.

Certificate or Diploma
1,150 EUR
Bachelor's Degree+29%
1,480 EUR
Master's Degree+43%
2,120 EUR
Percentage increase and decrease are relative to the previous value
Salary comparison by education level monthly Cyprus Visual Basic Developer
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Visual Basic Developer in order to make a comparison.


Level 1: Certificate or Diploma

Employees at this education level have an average salary of 1,150 EUR.


Level 2: Bachelor's Degree

At this level, the average salary becomes 1,480 EUR, 29% more than the previous level.


Level 3: Master's Degree

At this level, the average salary becomes 2,120 EUR, 43% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Cyprus costs anywhere from 10,900 EUR to 32,600 EUR and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Visual Basic Developer / Cyprus

Salary comparison by gender Cyprus Visual Basic Developer monthly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Visual Basic Developer in Cyprus, the average difference between the salary of male and female employees is 6%.

Male
1,580 EUR
Female-6%
1,480 EUR
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Cyprus for all Careers

Salary comparison by gender monthly Cyprus
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Average Annual Salary Increment Percentage / Visual Basic Developer / Cyprus

How much are annual salary increments in Cyprus for individuals working as Visual Basic Developer? How often do employees get salary raises?

Individuals working as Visual Basic Developer in Cyprus are likely to observe a salary increase of approximately 7% every 29 months. The national average annual increment for all professions combined is 5% granted to employees every 28 months.

Annual Salary Increment Rate Cyprus Visual Basic Developer
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The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Cyprus / All Professions

Annual Salary Increment Rate Cyprus
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Cyprus is 2%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Visual Basic Developer / Cyprus

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Cyprus Visual Basic Developer
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66% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 34% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.

Received Bonus
34%
No Bonus
66%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Visual Basic Developer / Cyprus


9 EUR per hour

The average hourly wage (pay per hour) for individuals working as Visual Basic Developer in Cyprus is 9 EUR.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Visual Basic Developer in Cyprus is 5 EUR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Information Technology-100%
ABAP Developer1,940 EUR+27%
Android Developer1,970 EUR+29%
Angular Developer1,900 EUR+24%
Angular JS Programmer1,770 EUR+15%
Application Developer2,170 EUR+42%
AS400 Programmer2,260 EUR+47%
Assembly Developer2,090 EUR+36%
Avaloq Developer2,020 EUR+32%
Back End Developer2,150 EUR+40%
BizTalk Developer 2,170 EUR+42%
Build and Release Engineer1,980 EUR+29%
Business Intelligence Developer2,200 EUR+44%
Business Objects Developer2,010 EUR+31%
C Developer2,350 EUR+53%
C# Developer2,190 EUR+43%
C++ Developer2,330 EUR+52%
Chatbot Developer1,950 EUR+27%
Clojure Developer2,560 EUR+67%
CMS Developer1,810 EUR+18%
Computer Programmer2,080 EUR+36%
Curam Developer1,680 EUR+10%
Dart Developer1,470 EUR-4%
Delphi Developer2,150 EUR+40%
Developer / Programmer2,080 EUR+36%
Developer Evangelist2,090 EUR+36%
DevOps Engineer1,980 EUR+29%
Django Specialist2,000 EUR+30%
Driver Developer2,100 EUR+37%
Elixir Developer2,770 EUR+81%
Embedded Software Developer2,240 EUR+46%
Erlang Developer2,520 EUR+64%
Flash Developer1,700 EUR+11%
Front End Developer1,740 EUR+14%
Front End Web Developer1,730 EUR+13%
Full Stack Developer2,070 EUR+35%
Game Developer1,930 EUR+26%
GIS Developer2,020 EUR+32%
Go Developer2,640 EUR+72%
Graphical User Interface ( GUI ) Programmer1,830 EUR+19%
Graphics Programmer1,800 EUR+17%
Groovy Developer2,340 EUR+53%
Haskell Developer2,160 EUR+41%
Imaging Programmer1,750 EUR+14%
Information Systems Developer1,990 EUR+30%
IOS Developer2,280 EUR+49%
Java Developer2,290 EUR+49%
Javascript Developer2,080 EUR+36%
jQuery Specialist2,110 EUR+38%
Kotlin Developer2,320 EUR+51%
Laravel Specialist1,860 EUR+21%
Lead Developer2,420 EUR+58%
Lisp Developer2,520 EUR+64%
Lua Developer2,430 EUR+59%
MATLAB Developer2,110 EUR+38%
Mobile Developer2,040 EUR+33%
Multimedia Developer1,770 EUR+15%
NextJs Specialist2,080 EUR+36%
Nodejs Developer2,250 EUR+47%
Objective-C Developer2,370 EUR+55%
Oracle Developer2,120 EUR+38%
Perl Developer1,820 EUR+19%
PHP Developer1,820 EUR+19%
PowerShell Developer1,830 EUR+19%
Python Developer2,260 EUR+47%
R Language Developer2,240 EUR+46%
React Specialist2,260 EUR+47%
Remedy Developer1,630 EUR+6%
Robotic Process Automation Developer1,790 EUR+17%
Ruby Developer1,940 EUR+27%
Rust Developer2,530 EUR+65%
Salesforce Developer1,610 EUR+5%
SAS Programmer1,790 EUR+17%
Scala Developer2,550 EUR+66%
Sharepoint Developer2,090 EUR+36%
Software Developer2,160 EUR+41%
Software Development Manager2,770 EUR+81%
Software QA Engineer1,840 EUR+20%
Software Test Engineer1,840 EUR+20%
Swift Developer2,340 EUR+53%
Teradata Developer1,720 EUR+12%
TIBCO Developer1,770 EUR+15%
TypeScript Developer2,280 EUR+49%
UI Engineer2,040 EUR+33%
User Experience Designer1,810 EUR+18%
VB Developer1,670 EUR+9%
VB.NET Developer2,120 EUR+38%
Visual Basic Developer1,530 EUR-0%
VueJs Specialist2,000 EUR+30%
WordPress Specialist2,040 EUR+33%
Zig Developer2,600 EUR+70%

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Cyprus is 18% on average across all career fields.

Private Sector
1,950 EUR
Public Sector+18%
2,300 EUR
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Visual Basic Developer in Cyprus?

A good and competitive compensation would range anywhere between 1,380 EUR and 1,560 EUR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Visual Basic Developer in Cyprus ranges from 810 EUR to 1,150 EUR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary


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